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Ripple CEO Brad Garlinghouse expressed optimism about a more pro-crypto Congress following the upcoming election, regardless of the outcome. He criticized the current administration's approach to crypto regulation, highlighting a need for a reset and encouraging fintech startups to incorporate outside the U.S. Garlinghouse also endorsed John Deaton, who is challenging Sen. Elizabeth Warren, known for her critical stance on the crypto industry.
Afcons Infrastructure, part of the Shapoorji Pallonji group, has raised Rs 1,621.5 crore from 80 institutional investors through its anchor book ahead of its IPO, set to launch on October 25. The Rs 5,430-crore share sale includes a fresh issuance of Rs 1,250 crore and an offer-for-sale of Rs 4,180 crore by promoter Goswami Infratech, with shares priced between Rs 440-463. Notable global investors such as Blackrock, Goldman Sachs, and the Monetary Authority of Singapore participated in the anchor investment.
Apple Inc. is set to unveil updates to its Mac lineup next week, as confirmed by marketing chief Greg Joswiak. He teased the announcements on social media, hinting at the arrival of new models featuring the anticipated M4 chip. "Mac (????) your calendars! We have an exciting week of announcements ahead, starting on Monday morning. Stay tuned…”
Amphenol Corporation focuses on designing, manufacturing, and marketing connectors, interconnection systems, and wiring products. Its net sales are distributed geographically, with 35.1% from the United States, 23% from China, and 41.9% from other regions. UBS expresses optimism regarding the company's prospects.
Hyundai's Indian subsidiary debuted on the stock market with a 7% drop, now 5% below its IPO price, despite raising $3.3 billion by offloading a 17.5% stake. Analysts cite concerns over the capital's use, higher royalty fees, and minimal upside pricing, while some see long-term growth potential in India's evolving automotive market.
TransUnion operates as a global information and insights company through three segments: U.S. Markets, International, and Consumer Interactive. The U.S. Markets segment provides consumer reports and insights to help businesses engage customers and manage risk, while the International segment offers similar services abroad. The Consumer Interactive segment focuses on personal finance management, offering credit reports, monitoring, and identity protection solutions.
The Western Union Company specializes in cross-border and cross-currency money transfer, payment, and digital financial services. Its operations are divided into two segments: Consumer Money Transfer, which enables global money transfers through various channels, and Consumer Services, offering bill payments, money orders, prepaid cards, and more across a network in over 200 countries and territories.
Boeing, the leading aircraft manufacturer, generates net sales primarily from commercial aviation (43.5%) and defense, space, and security (32%). The company also earns revenue from services (24.5%) and has a diverse geographical presence, with 58.4% of sales in the United States.
Amphenol Corporation, a leader in connectors, interconnect systems, and cabling products, has received a Buy rating from UBS. The company's net sales are distributed geographically, with 35.1% from the United States, 23% from China, and 41.9% from other regions.
Popular, Inc. is a financial holding company operating through two main segments: Banco Popular de Puerto Rico (BPPR) and Banco Popular North America (BPNA). BPPR offers a range of banking services in Puerto Rico, while BPNA, which includes Popular Community Bank, serves customers in New York, Florida, and New Jersey. The company also provides specialized services such as leasing, investment banking, and insurance through its subsidiaries.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Ripple CEO optimistic about pro-crypto shift after upcoming US elections
18:39 24.10.2024
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